$3,639,462,365 GROSS RECORD FOR A. T. & T.; Net in 1951 $364,874,176, or $11.76 Against $346,962,051, or $12.58 on Less Stock DEBT PROPORTION REDUCED Cut From 48 to 44% Reported -- Costs Up -- Operating Taxes Put at $19.70 a Share $3,639,462,365 GROSS RECORD FOR A. T. & T.

Record gross operating revenues of $3,639,462,365 in 1951 produced a net income of $364,874,176 in 1951 for the American Telephone and Telegraph Company and its principal operating subsidiaries, his consolidated net income, was equal to $11.76 a share on the parent company's average outstanding capital stock during the year and compares with a net of $346,962,051, or $12.58 a share on fewer average shares, in the previous year.View Full Article in Timesmachine »

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A version of this archives appears in print on February 25, 1952, on Page 30 of the New York edition with the headline: $3,639,462,365 GROSS RECORD FOR A. T. & T.; Net in 1951 $364,874,176, or $11.76 Against $346,962,051, or $12.58 on Less Stock DEBT PROPORTION REDUCED Cut From 48 to 44% Reported -- Costs Up -- Operating Taxes Put at $19.70 a Share $3,639,462,365 GROSS RECORD FOR A. T. & T. Order Reprints|Today's Paper|Subscribe